monday trading, page-57

Hi All,

Being a novice maybe the more experienced could lend their thoughts.

From what i think i know about bottoms (not much), chart and question.

Simply, i thought a bottom should have lower volume as sentiment is all about giving up. If you note in the example chart, A is obvious but B is confusing me. Volume has been picking up, not that they are huge days like A, but i wld have expected something more like Monday 6 Oct - which is that smaller volume bar at start of last week.

I do think we are very close though, and if Fridays late rally on US markets were an indication of some pent up bulls putting the hammer down - be wary the short position! Short term anyways.

Cheers.